BlockSure: A Decentralized Blockchain Platform for Secure and Trustworthy Transactions

Transaction services built on the blockchain provide a revolutionary means of boosting security and trust in online transactions. The approach ensures more dependable transactions by reducing the chance of returns and cancellations by asking both buyers and sellers to stake a commitment. This decentralized platform is especially helpful for small businesses since it makes use of the transparent and immutable properties of blockchain technology to create a trustworthy environment. This study examines how blockchain technology can be applied in an ecosystem that is driven by business, emphasizing how it can lower fraud, boost accountability, and give people more power through decentralized governance. The proposed system seeks to transform the way transactions are carried out by integrating smart contracts, cryptographic security, and consensus methods. This would provide a safe, transparent, and fair marketplace for all participants.

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Publication Details

Published
2024-12-13
DOI
https://doi.org/10.1109/ictbig64922.2024.10911144
Primary Topic
Blockchain Technology Applications and Security
Type
article
Field-Weighted Citation Impact
0.00
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article

BlockSure: A Decentralized Blockchain Platform for Secure and Trustworthy Transactions

Munish Kumar, S. V. S. Prasad, A. Dogra, Updesh Kaur Benipal
Blockchain Technology Applications and Security
article

BlockSure: A Decentralized Blockchain Platform for Secure and Trustworthy Transactions

Munish Kumar, S. V. S. Prasad, A. Dogra, Updesh Kaur Benipal
article en

Abstract

Transaction services built on the blockchain provide a revolutionary means of boosting security and trust in online transactions. The approach ensures more dependable transactions by reducing the chance of returns and cancellations by asking both buyers and sellers to stake a commitment. This decentralized platform is especially helpful for small businesses since it makes use of the transparent and immutable properties of blockchain technology to create a trustworthy environment. This study examines how blockchain technology can be applied in an ecosystem that is driven by business, emphasizing how it can lower fraud, boost accountability, and give people more power through decentralized governance. The proposed system seeks to transform the way transactions are carried out by integrating smart contracts, cryptographic security, and consensus methods. This would provide a safe, transparent, and fair marketplace for all participants.

Chandigarh University (IN)
Openalex Percentile: Top 55%
Blockchain Technology Applications and Security
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